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Banking Associate Jobs in California (NOW HIRING)

Intrepid Investment Bankers is expanding nationally and seeking experienced Investment Banking Associates across our offices for both M&A and Restructuring advisory. Associates work on dedicated ...

Investment Banking Associate Country: United States of America It Starts Here: Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand ...

CA · On-site

Salary: 60,000-80,000+ Commercial Banking Associate / Assistant San Diego County, CA | Career Growth Opportunity Are you looking to build a long-term career in commercial banking with a growing ...

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Banking Associate information

See California salary details

$26.6K

$139.4K

$306.4K

How much do banking associate jobs pay per year?

As of Jul 26, 2026, the average yearly pay for banking associate in California is $139,360.00, according to ZipRecruiter salary data. Most workers in this role earn between $41,400.00 and $209,700.00 per year, depending on experience, location, and employer.

Is 25 too old for investment banking?

Banking associates typically start their careers in their early to mid-20s, but 25 is not too old to enter investment banking. Many professionals transition into the field later, especially if they have relevant skills, internships, or advanced degrees like an MBA. Success depends on experience, networking, and skill development rather than age alone.

What are Banking Associates?

Banking Associates are entry- to mid-level professionals in banks or financial institutions who assist clients with their banking needs and support various operations, such as account management, loan processing, and customer service. They serve as the first point of contact for customers, handling inquiries, resolving issues, and ensuring compliance with regulatory requirements. Banking Associates often work alongside branch managers and other banking staff to provide seamless financial services and may also assist in sales and cross-selling of banking products.

What is an associate position in a bank?

A banking associate is an entry-level or mid-level employee responsible for customer service, processing transactions, and supporting banking operations. They often work in branches or departments, utilizing banking software and adhering to financial regulations. The role may require relevant certifications or training and typically involves a standard work schedule.

What do banking associates do?

Banking associates assist customers with account transactions, provide information about banking products, and support daily branch operations. They often handle deposits, withdrawals, and inquiries, requiring good customer service skills and knowledge of banking software. The role may also involve cross-selling financial services and ensuring compliance with banking regulations.

What are some typical challenges Banking Associates face during their first year, and how can they overcome them?

Banking Associates often encounter a steep learning curve in their first year, especially when adapting to fast-paced environments and complex financial products. They may face challenges in managing multiple client accounts, meeting strict deadlines, and mastering industry-specific software. To overcome these hurdles, it's important to proactively communicate with team members, seek mentorship from more experienced colleagues, and take advantage of training resources provided by the bank. Building strong organizational skills and staying detail-oriented will also help Banking Associates succeed and grow within the role.

What is the difference between Banking Associate vs Bank Teller?

AspectBanking AssociateBank Teller
Required CredentialsHigh school diploma or equivalent; some roles may prefer associate degreeHigh school diploma or equivalent
Work EnvironmentOffice setting, handling client accounts, administrative tasksBranch counter, direct customer service
Employer & Industry UsageCommercial banks, credit unions, financial institutionsRetail banking branches, financial institutions
Common Search & ComparisonCustomer service, banking operations, financial productsCash handling, customer transactions, account inquiries

While both roles involve customer interaction within banking, Banking Associates typically handle a broader range of financial services and administrative tasks, often requiring more specialized knowledge. Bank Tellers focus primarily on cash transactions and basic customer service at the branch counter. Understanding these differences helps job seekers identify the right role based on their skills and career goals.

What are the key skills and qualifications needed to thrive as a Banking Associate, and why are they important?

To thrive as a Banking Associate, you need a solid understanding of financial products, customer service, and sales principles, often backed by a bachelor's degree in finance, business, or a related field. Familiarity with banking software, CRM systems, and compliance tools is typically required. Strong interpersonal skills, attention to detail, and problem-solving abilities set top performers apart in this role. These skills are essential for delivering excellent customer experiences, ensuring regulatory compliance, and achieving business targets within a competitive banking environment.

What is the lowest position at a bank?

The lowest position at a bank is typically a teller or bank clerk, responsible for handling customer transactions and basic banking services. These entry-level roles often require minimal experience and serve as a starting point for a banking career, with opportunities for advancement through experience and additional training.
What are the most commonly searched types of Banking jobs in California? The most popular types of Banking jobs in California are:
What cities in California are hiring for Banking Associate jobs? Cities in California with the most Banking Associate job openings:
Infographic showing various Banking Associate job openings in California as of July 2026, with employment types broken down into 1% As Needed, 70% Full Time, 26% Part Time, 1% Temporary, and 2% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $139,360 per year, or $67 per hour.
Investment Banking Associate

Investment Banking Associate

Leerink Partners

Santa Monica, CA • On-site

$175K - $225K/yr

Full-time

Posted 12 days ago


Job description

Job Title: Investment Banking Associate
Reports to: Head of Investment Banking
Department: Investment Banking, Medical Devices & Diagnostics
Location: Santa Monica, CA
Salary Range: $175,000-$225,000
The Investment Banking Associate will be a key member of an experienced team of investment bankers focused on healthcare companies. The successful candidate will provide support to senior bankers in executing M&A and financing transactions for clients across the life sciences tools and diagnostics vertical. This position offers direct CEO, CFO and Board level contact, as well as significant responsibility and opportunity for advancement. The ideal candidate will have previous healthcare investment banking experience at the Associate level.
Primary Duties and Responsibilities:
• Serve an integral team leader in client transactions, projects, or assignments as an Investment Banking Associate.
• Advise with clients and manage internal investment banking team & product teams
• Assist in preparation of presentations and marketing materials (e.g. CIM, Management Presentations, etc.) for current and prospective clients
• Prepare valuation analyses and other financial modeling analysis of clients and targets
• Review business plans, conduct research and analyze financial statements
• Review and manage due diligence process, including virtual data room preparation and counterparty Q&A
Experience and Qualifications Required:
• +3 years of investment banking experience, healthcare related transactions preferred
• Strong financial modeling and analytical skills, including knowledge of financial accounting
• Qualified candidates with a BS or BA in finance or similar field of study and a demonstrated exemplary academic record
• Outstanding written and oral communication skills
• Highly motivated, energetic, personable and capable of managing multiple tasks in a dynamic, meritocratic, team-oriented work environment
• Proficient in Microsoft Office
Leerink Partners is a leading investment bank providing a complete suite of financial solutions comprising M&A advisory, equity, debt, and derivative capital markets, equity research, and sales and trading capabilities. The firm's strategic focus on the healthcare industry empowers it to provide unique advice and insights to its clients. The firm is a broker-dealer registered with the United States Securities and Exchange Commission and a member of the Financial Industry Regulatory Authority.
Equal Employment Opportunity
Leerink Partners is an equal opportunity employer and is dedicated to expanding its commitments and investments to create a more diverse, equitable and inclusive company culture and innovation ecosystem. We are strongly committed to the values and policy of equal employment opportunity across our employment practices.
Actual starting base pay will be determined on skills, experience, and other non-discriminatory factors permitted by law. Total compensation may also include variable incentives, bonuses, benefits, and/or other perks, as outlined in any formal offer made.